The Linear Depreciation Method Assumes That an Item Depreciates the Same

The linear depreciation method assumes that an item depreciates the same amount each year. Suppose a new piece of machinery costs $33,000 and it depreciates $850 each year for t years. Set up a linear function that yields the value of the machinery after t years.

A) f ( t ) = 850 t - 33,000
B) f ( t ) = 850 t + 33,000
C) f ( t ) = 33,000 - 850 t
D) f ( t ) = 33,000 t + 850
E) f ( t ) = 33,000 t - 850

Correct Answer:

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